According to Publisher’s latest study, the global Frozen Bakery Products market size was valued at US$ 29920 million in 2023. With growing demand in downstream market, the Frozen Bakery Products is forecast to a readjusted size of US$ 45670 million by 2030 with a CAGR of 6.2% during review period.
Market Overview
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The research report highlights the growth potential of the global Frozen Bakery Products market. Frozen Bakery Products are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Frozen Bakery Products. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Frozen Bakery Products market.
Frozen Bakery Products market. Baked products are highly perishable and their attractive declines rapidly within a few hours of being taken from the oven. Freezing is the best known preservation method will significantly extend shelf life while retaining baked goods’ all-important taste, texture and appearance.
Key Features:
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Manmayi Raval
Research Consultant
Market Drivers: Growing choice for Convenient Foods: One of the main factors propelling the market for frozen bakery products is consumers' growing choice for quick and simple meals.
Developments in Freezing Technologies: The quality and shelf life of frozen bakery goods are being improved by advancements in freezing technologies, such as blast freezing and cryogenic freezing.
Growth of the Retail Sector: The availability and accessibility of frozen bakery items are being enhanced by the retail sector's expansion, which includes the opening of supermarkets, hypermarkets, and online stores.
Changing Lifestyles and Urbanization: The need for quick and easy meal options is being driven by the rapid urbanization and changing lifestyles, especially in emerging nations.
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Growing Popularity of Ready-to-Eat and Ready-to-Bake Goods: A wider range of consumers are becoming interested in the ready-to-eat and ready-to-bake frozen bakery items.
Product improvements and Variety: Increasingly, customers are finding frozen bakery items more appealing due to ongoing product improvements as well as the addition of new flavors and variations.
Challenges: High Costs of Freezing technology: For small and medium-sized businesses (SMEs), in particular, the high costs of cutting-edge freezing technology can be a deterrent to market expansion.
Supply Chain and Logistics Issues: It might be difficult to guarantee the safe and effective transportation and storage of frozen bakery goods in order to preserve quality and safety, particularly in areas with poor infrastructure.
Concerns about Nutrition and Health: Concerns concerning the nutritional content of frozen bakery items and rising consumer health consciousness may have an impact on market expansion.
Regulatory Compliance: It can be difficult for producers to navigate the complicated regulatory environment for food safety, labeling, and quality standards.
Environmental Impact: There is increasing concern about how freezing and packaging procedures affect the environment, particularly with regard to waste management and energy usage.
Market Forecasts and Future Outlook: The growing popularity of ready-to-eat and ready-to-bake products, improvements in freezing technologies, and increased consumer demand for convenience meals are all projected to fuel the global market for frozen bakery products' robust growth between 2024 and 2030. For expansion to continue, issues like high prices and health risks must be resolved. The industry presents ample prospects for ingenuity, growth into nascent economies, and the creation of frozen baked goods that prioritize sustainability and wellness.
Opportunities: Eco-Friendly and Sustainable Practices: Investing in eco-friendly and sustainable practices, like energy-efficient freezing technology and recyclable packaging materials, can both meet regulatory requirements and draw in environmentally sensitive customers.
Growth into Emerging nations: There is a lot of room for expansion in emerging nations, where the middle class is becoming larger and the demand for convenient meals is rising.
New Product Developments and Health-Conscious Choices: Creating cutting-edge, health-conscious frozen bakery products—like organic, low-sugar, and gluten-free options—will help you stand out in the market and appeal to consumers who are concerned about their health.
Emphasis on Online Sales Channels: By taking advantage of the expansion of e-commerce and online sales channels, frozen bakery items may be more easily and conveniently purchased.
Forming strategic relationships and collaborations with food service providers, technological businesses, and retail chains can boost market penetration and stimulate innovation.
Improved Aftermarket Services: Long-term market growth and customer happiness can be increased by providing full aftermarket services, which include product customization, customer support, and promotional initiatives.
Market Segmentation:
Frozen Bakery Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. In terms of product, Pizza is the largest segment, with a share about 45%. And in terms of application, the largest application is Large Retail, followed by Convenience and Independent Retail, Foodservice,etc.
1. Segmentation by type
• Bread
• Pizza
• Cake and pastry
• Cookies
• Others
2. Segmentation by application
• Large Retail
• Convenience & Independent Retail
• Foodservice
Regional Insight: North America: Due to the region's large disposable income, high consumer demand for convenience foods, and plenty of large manufacturers of frozen bakery products, North America leads the industry. With a strong demand for products that are ready to eat and bake, the United States plays a significant role.
Europe: Europe is right behind, led by nations like Germany, France, and the United Kingdom. Quality, innovation, and sustainability are prioritized in the area, which propels the use of cutting-edge freezing technology and premium frozen baked goods.
Asia-Pacific: Because of the region's fast urbanization, rising disposable incomes, and growing desire for convenient food options, this area is predicted to develop at the fastest rate. India, China, and Japan are important markets with significant room for expansion.
Latin America: Economic development, increased urbanization, and rising retail sector investments are driving the region's market's steady growth. The two largest markets are Mexico and Brazil.
Middle East and Africa: Due to economic diversification, urbanization, and rising investments in the food and beverage industry, the Middle East and Africa region offers growth prospects. Notable markets with substantial potential are South Africa and the United Arab Emirates.
Europe is the largest market, with a share about 50%, followed by North America and Asia-Pacific, having a total share about 40 percent.
1. Americas
• United States
• Canada
• Mexico
• Brazil
2. APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
3. Europe
• Germany
• France
• UK
• Italy
• Russia
4. Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries
Competitive Landscape: Global Frozen Bakery Products key players include Grupo Bimbo S.A.B. de C.V, Nestlé SA, Conagra BrandsInc, etc. Global top three players hold a share about 25%.
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
• Sunbulah Group
• Advanced Baking
• IFFCO
• Almarai(Bakemart)
• La Lorraine Bakery Group
• Aryzta AG
• Grupo Bimbo S.A.B. de C.V.
• Europastry
• Dr. Oetker
• Saudi Masterbaker Limited
• Bakers Circle
• Kellogg Company
• Wonder Bakery
• Prima International
• Schwan’s
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Frozen Bakery Products Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Frozen Bakery Products by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Frozen Bakery Products by Country/Region, 2019, 2023 & 2030
2.2 Frozen Bakery Products Segment by Type
2.2.1 Bread
2.2.2 Pizza
2.2.3 Cake and pastry
2.2.4 Cookies
2.2.5 Others
2.3 Frozen Bakery Products Sales by Type
2.3.1 Global Frozen Bakery Products Sales Market Share by Type (2019-2024)
2.3.2 Global Frozen Bakery Products Revenue and Market Share by Type (2019-2024)
2.3.3 Global Frozen Bakery Products Sale Price by Type (2019-2024)
2.4 Frozen Bakery Products Segment by Application
2.4.1 Large Retail
2.4.2 Convenience & Independent Retail
2.4.3 Foodservice
2.5 Frozen Bakery Products Sales by Application
2.5.1 Global Frozen Bakery Products Sale Market Share by Application (2019-2024)
2.5.2 Global Frozen Bakery Products Revenue and Market Share by Application (2019-2024)
2.5.3 Global Frozen Bakery Products Sale Price by Application (2019-2024)
3 Global Frozen Bakery Products by Company
3.1 Global Frozen Bakery Products Breakdown Data by Company
3.1.1 Global Frozen Bakery Products Annual Sales by Company (2019-2024)
3.1.2 Global Frozen Bakery Products Sales Market Share by Company (2019-2024)
3.2 Global Frozen Bakery Products Annual Revenue by Company (2019-2024)
3.2.1 Global Frozen Bakery Products Revenue by Company (2019-2024)
3.2.2 Global Frozen Bakery Products Revenue Market Share by Company (2019-2024)
3.3 Global Frozen Bakery Products Sale Price by Company
3.4 Key Manufacturers Frozen Bakery Products Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Frozen Bakery Products Product Location Distribution
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